002406.SZ
Price:
$7.62
Market Cap:
$5.56B
Xuchang Yuandong Drive Shaft Co.Ltd manufactures and sells drive shafts in China. The company provides small drive and tractors shafts, and drive shaft parts, as well as products for pickup trucks, SUVs, and powered mechanical cars. Its products are also used in construction machineries. The company was founded in 1954 and is based in Xuchang, China.
Industry
Auto - Parts
IPO Date
2010-05-18
Stock Exchange
SHZ
Ticker
002406.SZ
According to Xuchang Yuandong Drive Shaft Co.Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 4.30. This represents a change of -7.86% compared to the average of 4.66 of the last 4 quarters.
The mean historical Current Ratio of Xuchang Yuandong Drive Shaft Co.Ltd over the last ten years is 5.69. The current 4.30 Current Ratio has changed 7.46% with respect to the historical average. Over the past ten years (40 quarters), 002406.SZ's Current Ratio was at its highest in in the December 2020 quarter at 8.21. The Current Ratio was at its lowest in in the September 2018 quarter at 3.39.
Average
5.69
Median
5.16
Minimum
4.22
Maximum
8.21
Discovering the peaks and valleys of Xuchang Yuandong Drive Shaft Co.Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 54.34%
Maximum Annual Current Ratio = 8.21
Minimum Annual Increase = -39.14%
Minimum Annual Current Ratio = 4.22
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.71 | 11.71% |
| 2023 | 4.22 | -39.14% |
| 2022 | 6.93 | 35.02% |
| 2021 | 5.13 | -37.49% |
| 2020 | 8.21 | 10.24% |
| 2019 | 7.45 | 54.34% |
| 2018 | 4.83 | 5.64% |
| 2017 | 4.57 | -18.49% |
| 2016 | 5.61 | 7.95% |
| 2015 | 5.19 | -13.55% |
The current Current Ratio of Xuchang Yuandong Drive Shaft Co.Ltd (002406.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.29
5-year avg
5.84
10-year avg
5.69
Xuchang Yuandong Drive Shaft Co.Ltd’s Current Ratio is less than Jiangyin Pivot Automotive Products Co., Ltd. (7.65), greater than Chengdu Xiling Power Science & Technology Incorporated Company (1.25), greater than Guizhou Guihang Automotive Components Co.,Ltd (2.71), greater than Chuzhou Duoli Automotive Technology Co., Ltd. (1.68), greater than Beijing WKW Automotive Parts Co.,Ltd. (1.55), greater than Jiangyin Haida Rubber And Plastic Co., Ltd. (2.31), greater than Songz Automobile Air Conditioning Co., Ltd. (1.73), greater than Reach Machinery Co Ltd (3.55), greater than Giti Tire Corporation (2.05), greater than Wuxi Zhenhua Auto Parts Co., Ltd. (1.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 7.65 | $4.40B | |
| 1.25 | $5.37B | |
| 2.71 | $5.90B | |
| 1.68 | $6.91B | |
| 1.55 | $6.00B | |
| 2.31 | $5.79B | |
| 1.73 | $5.45B | |
| 3.55 | $5.74B | |
| 2.05 | $5.41B | |
| 1.14 | $5.11B |
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